Add Yahoo as a preferred source to see more of our stories on Google. The percentage of claims that have been or will be closed without payment is likely to be closely watched, as this is the first ...

Add Yahoo as a preferred source to see more of our stories on Google. Gov. Ron DeSantis, appearing at a news conference in Davie on Monday, Jan. 12, called the state-backed company's December proposal ...

TALLAHASSEE – Florida regulators have approved new rates for the state’s Citizens Property Insurance Corp., with premiums for the most-common type of homeowners policy increasing by a statewide ...

A new federal lawsuit asserts that state-owned Citizens Property Insurance Corp. ’s ability to divert claims disputes to state arbitrators is unconstitutional and must be stopped. In 2022, Citizens ...

MIAMI SHORES, FLA. (WSVN) - In a unanimous vote, the Citizens Property Insurance Corporation Board of Governors approved a 2025 rate package. With the vote, Citizens’ customers could see an increase ...

TALLAHASSEE — Private insurers pulled more than 275,000 policies last year from the state’s Citizens Property Insurance Corp. and have taken nearly 115,000 this year, with Citizens President and CEO ...

The high percentage of Citizens Property Insurance Corp. policies within Florida’s riskiest coastal regions is a major reason the company denies payment for half of all claims submitted compared to ...

Insolvency means that a company cannot pay its bills today. That’s not so for Citizens Property Insurance Corp., Florida’s state-backed insurer. Citizens has a $5 billion surplus which is expected to ...

WEST PALM BEACH, Fla. — Citizens Insurance has moved more policyholders off its books, and within the last week has lowered its policy numbers by more than 200,000. On Oct. 25, Citizens reported 1,035 ...

Confronting a hurricane season predicted to be among the most active ever, the state's insurer of last resort says it’s financially prepared to weather a storm three times the size of 2022’s Hurricane ...

THAT’S ALL COMING UP IN YOUR FORECAST. CITIZENS PROPERTY INSURANCE IS NOT SOLVENT. THAT’S HOW FLORIDA GOVERNOR RON DESANTIS DESCRIBED THE STATE BACKED HOMEOWNERS INSURER DURING A NATIONAL INTERVIEW ...

Florida's state-backed insurer, Citizens Property Insurance Corp., will decrease rates for multiperil homeowners' policies by an average of 8.7%. This new rate drop is larger than the 2.6% decrease ...